Use the following currencies. 1 AVD = 1.36 CHK 1 CHK = 50...
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Finance
Use the following currencies.
1 AVD = 1.36 CHK
1 CHK = 50 DN
a) Assuming that AVD is a home currency, find the direct quotation for CHK.
b) Assuming that CHK is a home currency, find the cross exchange rate between AVD and DN (e.g., 1 DN = ? AVD).
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